Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ingredion Incorporated (INGR)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$119.30 - $198.76$154.33
Multi-Stage$148.57 - $162.74$155.52
Blended Fair Value$154.92
Current Price$122.11
Upside26.87%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.83%5.08%3.192.952.752.802.582.652.772.512.141.92
YoY Growth--8.25%7.18%-1.63%8.24%-2.30%-4.40%10.30%17.02%11.90%-1.56%
Dividend Yield--2.36%2.52%2.71%3.21%2.87%3.50%2.94%1.95%1.78%1.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)659.00
(-) Cash Dividends Paid (M)211.00
(=) Cash Retained (M)448.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)131.8082.3849.43
Cash Retained (M)448.00448.00448.00
(-) Cash Required (M)-131.80-82.38-49.43
(=) Excess Retained (M)316.20365.63398.58
(/) Shares Outstanding (M)65.7865.7865.78
(=) Excess Retained per Share4.815.566.06
LTM Dividend per Share3.213.213.21
(+) Excess Retained per Share4.815.566.06
(=) Adjusted Dividend8.028.779.27
WACC / Discount Rate8.67%8.67%8.67%
Growth Rate1.83%2.83%3.83%
Fair Value$119.30$154.33$198.76
Upside / Downside-2.30%26.38%62.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)659.00677.67696.86716.60736.90757.78780.51
Payout Ratio32.02%43.61%55.21%66.81%78.40%90.00%92.50%
Projected Dividends (M)211.00295.56384.74478.74577.76682.00721.97

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.67%8.67%8.67%
Growth Rate1.83%2.83%3.83%
Year 1 PV (M)269.33271.97274.62
Year 2 PV (M)319.47325.78332.14
Year 3 PV (M)362.24373.01384.00
Year 4 PV (M)398.35414.23430.58
Year 5 PV (M)428.48449.94472.25
PV of Terminal Value (M)7,994.138,394.438,810.60
Equity Value (M)9,772.0010,229.3610,704.19
Shares Outstanding (M)65.7865.7865.78
Fair Value$148.57$155.52$162.74
Upside / Downside21.67%27.36%33.27%

High-Yield Dividend Screener

« Prev Page 124 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603106.SSCashway Fintech Co.,Ltd.0.28%$0.0316.66%
603111.SSNanjing Kangni Mechanical & Electrical Co.,Ltd0.28%$0.024.42%
605108.SSTongqinglou Catering Co., Ltd.0.28%$0.0530.22%
688630.SSCircuit Fabology Microelectronics Equipment Co.,Ltd.0.28%$0.3723.88%
688700.SSKunshan Dongwei Technology Co.,Ltd.0.28%$0.1034.56%
9252.TLast One Mile Co.,Ltd.0.28%$11.094.66%
BGSIBoyd Group Services Inc.0.28%$0.4458.23%
CIGIColliers International Group Inc.0.28%$0.4112.97%
001223.SZOK Science and Technology Co., Ltd.0.27%$0.1318.10%
002365.SZQianjiang Yongan Pharmaceutical Co., Ltd.0.27%$0.0446.52%
101160.KQWorldex Industry & Trading Co., Ltd.0.27%$60.013.31%
300008.SZBestway Marine & Energy Technology Co.,Ltd0.27%$0.0212.60%
300083.SZGuangdong Create Century Intelligent Equipment Group Corporation Limited0.27%$0.0210.50%
300346.SZJiangsu Nata Opto-electronic Material Co., Ltd.0.27%$0.1226.27%
300843.SZShenglan Technology Co., Ltd.0.27%$0.1419.25%
300882.SZZhejiang Wellsun Intelligent Technology Co.,Ltd.0.27%$0.058.19%
600363.SSJiangxi Lianchuang Opto-Electronic Science&Technology Co.,Ltd0.27%$0.1725.58%
600366.SSNingbo Yunsheng Co., Ltd.0.27%$0.0413.40%
600456.SSBaoji Titanium Industry Co., Ltd.0.27%$0.1114.77%
601218.SSJiangsu JIXIN Wind Energy Technology Co., Ltd.0.27%$0.0112.28%
605268.SSWangli Security & Surveillance Product Co., Ltd0.27%$0.037.19%
688182.SSJiangsu Cai Qin Technology Co., Ltd0.27%$0.0834.37%
688329.SSSuzhou Iron Technology CO.,LTD.0.27%$0.0650.64%
688618.SS3onedata Co., Ltd.0.27%$0.0721.88%
688690.SSSuzhou Nanomicro Technology Co., Ltd.0.27%$0.0719.10%
DELTA-R.BKDelta Electronics (Thailand) Public Company Limited0.27%$0.4629.11%
NVS.JONovus Holdings Limited0.27%$1.5485.07%
ONEX.TOOnex Corporation0.27%$0.304.84%
RUSTOMJEE.BOKeystone Realtors Limited0.27%$1.4818.36%
SMDS.LDS Smith Plc0.27%$1.5560.43%
SMKM.JKPT Sumber Mas Konstruksi Tbk0.27%$0.5019.42%
000096.SZShenzhen Guangju Energy Co., Ltd.0.26%$0.0322.97%
000156.SZWasu Media Holding Co.,Ltd0.26%$0.026.88%
000410.SZShenyang Machine Tool Co., Ltd.0.26%$0.0222.24%
000530.SZBingshan Refrigeration & Heat Transfer Technologies Co., Ltd.0.26%$0.0215.08%
002270.SZHuaming Power Equipment Co.,Ltd0.26%$0.078.20%
002952.SZYes Optoelectronics (Group) Co., Ltd.0.26%$0.0565.79%
1051.HKG-Resources Group Limited0.26%$0.0311.60%
298040.KSHyosung Heavy Industries Corporation0.26%$4,837.3112.67%
300102.SZXiamen Changelight Co., Ltd.0.26%$0.0747.47%
300468.SZShenzhen Forms Syntron Information Co., Ltd.0.26%$0.1064.92%
300540.SZSichuan Shudao Equipment & Technology Co.,Ltd.0.26%$0.0517.27%
300759.SZPharmaron Beijing Co., Ltd.0.26%$0.078.57%
301138.SZGuangzhou Huayan Precision Machinery Co.,Ltd.0.26%$0.1010.17%
600186.SSLotus Health Group Company0.26%$0.029.43%
600195.SSChina Animal Husbandry Industry Co., Ltd.0.26%$0.029.84%
600731.SSHunan Haili Chemical Industry Co., Ltd.0.26%$0.023.68%
601020.SSTibet Huayu Mining Co., Ltd.0.26%$0.076.36%
603657.SSJinhua Chunguang Technology Co.,Ltd0.26%$0.0872.25%
688018.SSEspressif Systems (Shanghai) Co., Ltd.0.26%$0.4414.89%